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Tuesday, November 10 - 2009

NBK profit up 24pc

  • Kuwait: Thursday, March 31 - 2005 at 13:01

The National Bank of Kuwait recorded a profit of USD515m for 2004, a 24 per cent increase on 2003. Return on equity increased 2.2 per cent to 29.9 per cent. The Board recommended payment of a cash dividend of 60 per cent of the nominal value of shares and an increase in paid up capital by 5 per cent through a bonus share issue.

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